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Tag Archives: federal reserve
Is Fed Chair Nominee Jay Powell, Count Dracula?
The gray hue of dawn quickly slipped to a bright clear sky as we set out last Saturday morning. The season’s autumn tinge abounded around us as the distant mountain peaks, and their mighty rifts, grew closer. The nighttime chill … Continue reading
Posted in Inflation, MN Gordon
Tagged count dracula, federal reserve, jay powell, oak glen, riley's farm theatre company, transylvania
19 Comments
The Downright Sinister Rearrangement of Riches
Let’s begin with facts. Cold hard unadorned facts. Water boils at 212 degrees Fahrenheit at standard atmospheric pressure. Squaring the circle using a compass and straightedge is impossible. The sun is a star. Facts, of course, must not be confused … Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, debt, federal reserve, government meddling, john maynard keynes
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Federal Reserve President Kashkari’s Masterful Distractions
How is it that seemingly intelligent people, of apparent sound mind and rational thought, can stray so far off the beam? How come there are certain professions that reward their practitioners for their failures? The central banking and monetary policy … Continue reading
Posted in MN Gordon, Politics
Tagged big banks, eric hoffer, federal reserve, neel kashkari, the true believer
11 Comments
Fed Quack Treatments are Causing the Stagnation
There’s something alluring about cure-alls and quick fixes. Who doesn’t want a magic panacea to make every illness or discomfort disappear? Such a yearning once compelled the best and the brightest minds to believe the impossible for over two thousand … Continue reading
Posted in Economy, MN Gordon
Tagged bloodletting, federal reserve, government meddling, janet yellen, quack treatments
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